T1 Energy initiated with a Buy at Roth Capital

Roth Capital initiated coverage of T1 Energy (TE) with a Buy rating and $7 price target T1 is a U.S. module manufacturer that acquired Trina’s U.S assets and has plans to become one of the first to produce C-Si panels using a fully integrated, domestic supply chain, the analyst tells investors in a research note. Roth believes the company represents an attractive opportunity to invest early in domestic manufacturing as the U.S. continues to decouple from China and reshore critical industries.